Albemarle Raises Prices of Aluminum Alkyls

20-Feb-2008

Albemarle Corporation will increase the prices of the neat portion of all of its aluminum alkyl products by approximately 40 percent in the Middle East and 25 percent in the Americas effective April 1, 2008, or as contracts allow. Prices for solvent blends of organometallics also will be increased, as needed, to address higher solvent acquisition costs.

In addition to the aforementioned increase, Albemarle also will further increase the prices of the neat portion of its aluminum alkyl products sold as solvent blends by the percentages in the nearby table, on a global basis, also effective April 1, 2008, or as contracts allow.

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